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CROSS BORDER TRANSACTIONS: CRYPTOCURRENCY AND FOREIGN EXCHANGE MANAGEMENT ACT (FEMA)
Cross Border Transfer of cryptocurrency is a significant aspect of its being as cryptocurrencies are traded through online platforms and these platforms facilitate the exchange of cryptocurrency into another currency including a fiat currency. This raises questions under India’s foreign exchange control law, i.e., the Foreign Exchange Management Act (FEMA). This article intends to analyze the possible categorization of cryptocurrencies under FEMA and the legal implications to follow.
Classifying ICOs as Securities
Classifying ICOs as Securities INTRODUCTION In Brazil, no specific legislation governs the cryptocurrencies, and consequently, ICOs and STOs remain unregulated. Because no particular legislation deals with cryptocurrencies and blockchain technology, many existing...
TAXATION OF CRYPTOCURRENCIES IN INDIA
TAXATION OF CRYPTOCURRENCIES IN INDIA Cryptocurrencies have been subjected to the spotlight of the decade and have been grabbing the attention of the tax authorities essentially due to the high prices at which they were seen trading on exchanges in India and across...
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